The Belt 
On 30 October, SynDexy said it had completed the first small-batch delivery of its C1, a dual-arm wheeled humanoid built for dexterous manipulation. The machines are destined for precision assembly work at consumer electronics and electronic component factories. That is the hardest first customer in the industry. Assembly tolerances for flexible flat cables and connector … Read more
Lingyi iTech filed its third-quarter report on 29 October, and the headline numbers are the sort that get skimmed. Revenue of RMB 15.522 billion, up 11.15 per cent. Net profit attributable to shareholders of RMB 1.153 billion, up 14.00 per cent. Non-recurring net profit of RMB 1.058 billion, up 17.88 per cent. All three are … Read more
Unitree published its third-quarter report on 29 October, and the numbers land in an awkward moment for the whole embodied-intelligence sector. Secondary-market sellers have been shopping old humanoid stock at half price. One founder publicly questioned in September whether data-collection centres were manufacturing revenue that would not survive an audit. In the middle of that, … Read more
Shipbuilding is a high-mix, low-volume, non-standard discrete manufacturing business. Sub-assemblies, lifting lugs and hull panels vary in shape, incoming steel plate arrives deformed, groove gaps differ from the drawing, and the finished part rarely matches the model it was cut from. SIBIT showed four robotic workstations and its Kunwu simulation platform at the China Marine … Read more
Orbbec and Daxiao Robotics, together with its partners, have signed a 10,000-unit strategic procurement agreement covering depth cameras, RGB cameras and body-free data capture hardware, with first deliveries already under way. Orbbec and Daxiao Robotics signed a 10,000-unit procurement agreement in Shenzhen in October. (Source: Gasgoo) The scope goes beyond sensors. Orbbec will supply software … Read more
Public charging piles in China ran at 6.51 per cent power utilisation in September 2026, below the 8 to 10 per cent band the industry treats as break-even. More than 80 per cent of charging operators are loss-making, and leading sites have netted as little as RMB 0.04 per kilowatt-hour after depreciation, land rent and … Read more
Gotion High-Tech’s cathode materials subsidiary Runhui brought a 200,000-tonne-per-year plant to full production at the Lujiang high-tech zone in Anhui on 29 October, moving the project into volume operation nine months after construction began. The Lujiang plant reached full production nine months after ground was broken. (Source: Gasgoo) The line uses Gotion’s fourth-generation lithium iron … Read more
Hyundai Motor reported third-quarter operating profit of KRW 2.68 trillion, up 5.5 per cent year on year, with the operating margin up half a point to 5.9 per cent. Favourable exchange rates, cost reduction and a richer mix driven by hybrid sales did the work. Hyundai’s third-quarter operating margin rose to 5.9 per cent even … Read more
Geely Automobile reported third-quarter revenue of RMB 99.0 billion, up 10 per cent year on year, and core net profit attributable to shareholders of RMB 5.21 billion, up 32 per cent. For the first nine months, sales reached 2.2235 million units, revenue RMB 272.6 billion and core net profit RMB 14.9 billion, up 3, 13 … Read more
Valeo now generates RMB 28 billion of annual sales in China, about 15 per cent of group revenue, from 17,000 employees, including 4,300 R&D engineers spread across ten research centres and a further 1,300 engineers dedicated to systems and software. Gu Jianmin, Valeo’s China chief technology officer, set out the group’s two-way innovation loop at … Read more